Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Industry Update Marshall Islands.

Energy and Natural Resources Committee Clears Record Amount of Pending Legislation as Manchin Leads Last Business Meeting as Chairman
Washington, DC- Today, the Senate Committee on Energy and Natural Resources held their last business meeting of the 118th Congress and cleared a record number of 75 pieces of legislation pending before the committee. The business meeting also...
President Lai receives credentials from new Haiti Ambassador Roudy Stanley Penn
TAIWAN, September 9 - Details 2025-09-03 President Lai meets delegation led by Saint Lucia Deputy Prime Minister Ernest Hilaire On the afternoon of September 3, President Lai Ching-te met with a delegation led by Saint Lucia Deputy Prime Minister...

Genco Shipping & Trading Limited Announces Q4 2024 Financial Results
Declares Dividend of $0.30 per share for Q4 2024 Represents Genco’s 22nd Consecutive Quarterly Dividend NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S....

Visitor Industry Continued Improvement in December 2024
Posted on Jan 30, 2025 in News For Immediate Release: January 30, 2025 HONOLULU—According to preliminary statistics from the Department of Business, Economic Development and Tourism (DBEDT), there were 910,055 visitors to the Hawaiian Islands in...
Toro Corp. Announces the Completion of the Sale of the LPG Carrier Dream Syrax
LIMASSOL, Cyprus, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation services provider, announces that on September 3, 2025, it completed the previously announced sale of the...

Visitor Industry Recorded Fourth Consecutive Year-over-Year Growth in November 2024
Posted on Dec 31, 2024 in News For Immediate Release: December 31, 2024 HONOLULU—According to preliminary statistics from the Department of Business, Economic Development and Tourism (DBEDT), there were 770,940 visitors to the Hawaiian Islands in...

Performance Shipping Inc. Highlights Company’s Platform for Growth and Shareholder Value Creation
Mails Proxy Materials and Letter to Shareholders in Connection with 2024 Annual General Meeting of Shareholders Recommends Shareholders Vote on the WHITE Proxy Card “FOR” Performance Shipping’s Nominee and Highly Qualified Board ATHENS, Greece,...

Euroseas Ltd. Reports Results for the Nine-Month Period and Quarter Ended September 30, 2024, Declares Quarterly Dividend and Announces Order for the Construction of Two Fuel-Efficient 4,300 TEU Containerships
ATHENS, Greece, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its...

Visitor Industry Continued Improvement in October 2024
Posted on Nov 27, 2024 in News For Immediate Release: November 27, 2024 HONOLULU—According to preliminary statistics from the Department of Business, Economic Development and Tourism (DBEDT), there were 774,617 visitors to the Hawaiian Islands in...

Capital Clean Energy Carriers Corp. Announces Third Quarter 2024 Financial Results
ATHENS, Greece, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (the “Company”, “CCEC” or “we” or “us”) (NASDAQ: CCEC), an international owner of ocean-going vessels, today released its financial results for the third quarter...

Genco Shipping & Trading Limited Announces Q3 2024 Financial Results
NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial...

EuroDry Ltd. Signs Contract for the Construction of Two Modern 63,500 DWT Ultramax Bulk Carriers
ATHENS, Greece, Nov. 21, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it has signed a...

President Lai meets delegation led by Saint Lucia Deputy Prime Minister Ernest Hilaire
TAIWAN, September 3 - Details 2025-09-02 President Lai meets delegation from University of Tokyo cross-strait relations research group On the afternoon of September 2, President Lai Ching-te met with a delegation from the University of Tokyo’s...

LEAP, globally popular software for energy, climate mitigation, and air pollution planning, to be offered free to an additional 54 countries
Screenshot from LEAP: Emissions variations by location. The countries eligible for free LEAP licenses now include all upper-middle-countries and most Small Island Developing States (SIDS), making the tool freely available to governments,...

VA is opening doors for Native Hawaiian Veterans
After serving in the Army for 20 years, living in many locations around the world and then retiring from a second career in business management, Wailana Kamau’u’s dream was to return to his home of Waimea, Hawaii. Today, he is one of more than 550...
BloFin Harnesses Fireblocks to Provide Industry-Leading Security for Cold Wallets
MAJURO, REPUBLIC OF THE MARSHALL ISLANDS, Oct. 17, 2024 (GLOBE NEWSWIRE) -- BloFin, a cutting-edge and secure cryptocurrency centralized exchange (CEX), is proud to announce its partnership with Fireblocks, a leader in digital asset security, to...
President Lai meets delegation from University of Tokyo cross-strait relations research group
TAIWAN, September 2 - Details 2025-09-02 President Lai meets delegation led by Tuvalu Speaker of Parliament Iakoba Taeia Italeli On the afternoon of September 2, President Lai Ching-te met with a delegation led by Speaker of the Parliament of...

Genco Shipping & Trading Limited to Acquire High-Specification Capesize Vessel
NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, has agreed to acquire a...
President Lai meets delegation led by Tuvalu Speaker of Parliament Iakoba Taeia Italeli
TAIWAN, September 2 - Details 2025-09-02 President Lai meets delegation from University of Tokyo cross-strait relations research group On the afternoon of September 2, President Lai Ching-te met with a delegation from the University of Tokyo’s...

Solomon Islands committed to international cooperation in eliminating marine pollution and phasing out greenhouse gas emissions from shipping
Solomon Islands committed to international cooperation in eliminating marine pollution and phasing out greenhouse gas emissions from shipping Hon. Manasseh Maelanga, Minister for Infrastructure Development, presenting instruments of accession to...